The equity bull market is old but not dead, Citi says

Bearish investors expecting (or hoping) for bull market cycle to end may be disappointed, as Citi’s global strategy team forecast a further 9 percent gain for global equities by the middle of 2018. The MSCI International World Price Index, a benchmark of mid-...

G-20 meeting could make a ‘big difference’ to Trump’s credibility: BlackStone vice chair

There have been several complaints about Trump’s approach as a leader, including his use of the social media platform Twitter to attack and criticize opponents. “Certainly in the short term you’ve got a lot of comments from Congress about (his...

China private equity player GSR eyes stake in $9 billion Chilean lithium miner SQM: Sources

Chinese private equity firm GSR Capital is looking to buy a substantial holding in Chile’s Sociedad Quimica Y Minera (SQM), one of the world’s biggest lithium producers, according to two sources with knowledge of the matter. GSR could buy a stake of around...

Cash-strapped LeEco reportedly sees 1.2 billion yuan in assets frozen over unpaid debts

Chinese firm LeEco’s downward spiral continues after unpaid debts lead a Shanghai court to freeze 1.2 billion yuan ($180 million) in assets owned by its subsidiaries, chairman and CEO Jia Yueting and his wife, according to various local media reports citing...

France’s Macron says could use referendum for institutional reforms

In a much-touted policy speech to both houses of parliament which was strong on broad principles but carried little concrete announcements, the new president confirmed he wanted to add a dose of proportionality to future parliamentary elections. He also confirmed he...